The Olympic Zeus, launched in 2009, introduced a hybrid power system, reducing fuel consumption by up to 70%. After reaching its 15th anniversary in 2024, it continues to set new fuel efficiency and environmental performance standards.

9 October 2024: The second Construction Service Operation Vessel (CSOV) for Olympic, Olympic Notos, has successfully completed its sea trial. This marks a significant milestone in the vessel’s journey towards fully operational status, following in the footsteps of her sister vessel, the Olympic Boreas.

With over a century of history, Ulstein Group prides itself on its dedicated ship designers who are integral to the company. United by a mission of innovation, they strive to challenge conventional wisdom and develop new solutions that enhance customer value.

The newly delivered Construction Service Operation Vessel (CSOV) Olympic Boreas has been awarded the “Maritime Innovation of the Year” award by GCE Blue Maritime Cluster. Delivered in July, this state-of-the-art vessel was developed in collaboration with the shipowner Olympic and several of the companies in Ulstein Group.

"Do you need to adjust your vessel for a new charter? Maybe add a mezzanine deck, calculate the deck strength or stability characteristics for a new crane? We are here to assist you," states project manager aftermarket, Roy Lindset, at Ulstein Design & Solutions AS.

The state-of-the-art 'Olympic Boreas' CSOV has been delivered to Olympic by Ulstein Verft on 25.07.2024. The vessel is the first of two sister vessels, based on the ULSTEIN SX222 design by Ulstein Design & Solutions AS. 

Aptly nicknamed ‘A 4-wheel-drive for the seas’, the ULSTEIN TWIN X-STERN is celebrated for its exceptional manoeuvrability. To date, this innovative feature has been incorporated into ten newbuilds, all designed for the walk-to-work market and measuring up to 90m in length. The next likely segments to adopt the TWIN X-STERN are subsea and cable-laying. 

As offshore wind farms grow in size and number of turbines, the demand for the capacity of existing inter-array cable laying vessels (CLVs) intensifies. The next-generation CLV must be capable, cost-effective, and able to serve more and larger turbines. 

In 2023, Ulstein Group recorded revenues of NOK 1.4 billion and an operating profit of NOK 49 million. The knowledge and experience Ulstein have gained through more than a hundred-year history have created a dynamic and flexible organisation that we now benefit from in the transition to a greener and gradually more fossil-free future.

10 June 2024: Yard number 318 from Ulstein Verft completed her sea trial this weekend. The state-of-the-art CSOV vessel includes sophisticated energy systems and the ULSTEIN TWIN X-STERN solution in a prototype combo. 

In May 2024, the Korea Institute of Geoscience and Mineral Resources (KIGAM) took delivery of Tamhae 3. Designed by Ulstein Design & Solutions AS, this is a new geophysical exploration research vessel built domestically by HJ Shipbuilding and Construction.

On Thursday, 30 May 2024, the CMHI yard, China, marked the keel lay for the next Ulstein-designed expedition cruise ship for SunStone Ships, the 'Douglas Mawson'. 

The expected global gap in vessel capacity for foundation installation and transportation for ever-growing offshore wind components can slow down the growth speed of offshore wind farm developments across the globe. 

We accept the design challenge.

The offshore energy market is booming, and so is the demand for subsea vessels that can operate in challenging environments and perform complex tasks. Whether installing, maintaining, or decommissioning offshore wind farms or oil and gas platforms, subsea vessels need to be flexible, efficient, and reliable.

On 6 February 2024, the inclining test of the ULSTEIN SX197 vessel for Shanghai Electric was conducted.